Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
$575,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$575,000
Asking
No recorded sale for this property.
Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Payneham
-66.1%
Median sale
Suburb $1,695,000
+3.42 pp
Gross yield
Suburb 1.75%
Suburb median $1,695,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$35,073 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Payneham's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $572/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 5.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Payneham at a glance
2,649
People
$1,695,000
Median sale
$572/wk
Median rent
1.75%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker KensingtonEstablished in the 1850's, Payneham has a head start on �Newbie� suburbs. It's historic, trendy, private and much loved. Quiet streets, a perfect blend of historic homes, cottages, villas and bungalows with the era of the strata units welcomed by all who aspired to buy in one of Adelaide's enduring suburbs. Many unit blocks are still held by owners or the families of original immigrant builders. Now's the time to write your chapter in Payneham history.
This 1970's built, group of five units has an unexpected, spacious, private park-like area, fenced from street and cars - ideal to sit out and catch the sun, an amazing playground, uninterrupted and safe.
Tightly held, a must to view with open plan living dining area, polished boards, compact kitchen with double sink. The main bedroom to the front of the home has a very generous inbuilt robe, overlooking the lawned view with the second, carpeted double bedroom having a rear courtyard outlook. The bathroom/laundry combo is fresh and has a small bath, handy if looking for a family property. Kids love the bathtime routine.
With little to do, as it's a fuss free option, spend your time creating memories at the many upmarket foodie locations scattered throughout this and surrounding suburbs of Glynde, Stepney and the famed Norwood Parade. It's Adelaide's undisputed leading High Street (we're biased ) along with Magill and Payneham Roads and loads of events, galleries, tours and trails or stumble across a brand new bar on the �Eastside Wine and Ale Trail� or �Food Secrets� a culinary trail where you can meet hands on artisan producers, boutique coffee roasters, classic manufacturers, or the next gen of food gurus, micro-breweries, and urban wineries throughout Payneham and surrounds. Less than 5 km to the city, close to the amazing parklands & River Torrens Linear Park - it's all about doing, discovering and immersing yourself in the best of the best food, fashion, amenities and services. Adelaide CBD and Rundle Mall minutes away.
Leading schools and colleges from the Zoned Trinity Gardens Primary School and Marryatville High School to historic St Peters College, St Andrews at Walkerville, Loreto College, Pembroke and St Ignatius, all held in high regard are in close proximity.
PEOPLE WHO WILL LOVE IT:
Professionals (Upgrade to high standards)
Downsizers, First home buyers, Singles, Renovators, Investors
- Northern Sun
- Park like open area
- Neutral decor tones
- Polished boards
- Split System A/C
- Ceiling fan main bedroom
- Light and bright LED throughout
- Rear paved area and garden shed
- Easy Access
$575,000
CT Volume 5048 Folio 391
Council: Norwood Payneham St Peters Council
Council Rates: $1,415.43 per annum (approx.)
Water Rates: $203.37 per quarter (approx.)
Strata Rates: $177.49 per month (including Sinking Levy) (approx.)
Year Built: 1971 (approx.)
To make an offer, copy and paste the below link into your browser:
https://buy.realtair.com/properties/280586
Listing description written by Gabrielle Overton, LJ Hooker Kensington — reproduced as published, not verified by Districts.